IslamicFinance.de

Ahmed Meshari, acting CEO of Qatar Islamic Bank (QIB) has said the lender is interested in buying the Islamic banking assets of conventional lenders in the Gulf country, who have been instructed by the central bank to close down their Islamic operations.

Salah Al Jaidah is not the CEO of Qatar Islamic Bank anymore. He has instead been appointed advisor to the bank's board of directors. Ahmed Meshari has been appointed acting CEO of the bank. The QIB statement said that its board of directors held a meeting yesterday to discuss, among other issues on the agenda, a request received from Al Jaidah to release him from his current duties as CEO of QIB due to personal reasons.